Written by ForexBrokers.com
In this head to head comparison of FXPrimus vs TopFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXPrimus and TopFX are both online brokerage firms, each with its unique features and regulatory standing. Founded in 2009, FXPrimus holds a single Tier-1 license, reflecting a rating that falls within the average risk category with a Trust Score of 71 according to ForexBrokers.com. Meanwhile, TopFX, established in 2010, also operates with one Tier-1 license and has a slightly lower Trust Score of 67, placing it in the high-risk category. Neither company is publicly traded nor functions as a bank, indicating a similar corporate structure and operational model.
Both FXPrimus and TopFX lack Tier-2 licenses, which are a sign of trust in the industry. This absence may influence potential investors or traders looking for more secure regulatory backing. However, with their respective licenses and Trust Scores, these companies provide a general idea of their credibility and possible risk levels in the competitive landscape of online trading. For individuals assessing their options for an online trading platform, understanding these factors can be crucial in making informed decisions.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Year Founded | 2009 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
FXPrimus offers a competitive edge to traders, earning a 4-star rating for its commissions and fees. While detailed information on average spreads isn't available, FXPrimus is ranked #42 out of 62 brokers by ForexBrokers.com in the Commissions and Fees category. This ranking suggests that while FXPrimus has attractive pricing, there is room for improvement in comparison to other brokers in the industry.
In contrast, TopFX provides traders with two account types: the ZERO account, which is spread-only, and the commission-based RAW account. The RAW account charges a commission of 2.75 EUR per side for a standard lot, adding up to a total of 5.50 EUR for a round turn. While the ZERO account does not charge commissions, its higher average spreads of 1.03 pips on the EUR/USD for July 2024 offer a different cost structure. The commission-based RAW account features an all-in cost of approximately 0.88 pips, considering the average spreads and commission equivalents, aligning with the industry average.
Both FXPrimus and TopFX hold a 4-star rating for commissions and fees, with TopFX slightly ahead in ranking at #40 on ForexBrokers.com. This suggests TopFX's combination of account options and transparent fee structure may provide a slightly more appealing choice for cost-conscious traders looking for versatile trading conditions.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Minimum Deposit | $100 | Depends on payment method |
| Average Spread EUR/USD - Standard | N/A | 1.03 |
| All-in Cost EUR/USD - Active | N/A | 0.88 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by FXPrimus and TopFX, both platforms provide opportunities for forex trading through either CFDs or spot contracts. FXPrimus offers a total of 140 tradeable symbols with 42 of those being forex pairs. In contrast, TopFX provides a more extensive selection with 655 tradeable symbols, including 60 forex pairs. However, neither broker gives traders access to exchange traded securities on U.S. or international exchanges, meaning users cannot directly buy stocks like Apple or Vodafone.
Both FXPrimus and TopFX extend the option for copy trading, allowing clients to replicate the strategies of seasoned traders. For those interested in cryptocurrency investments, the brokers offer derivatives but do not facilitate the purchase of actual cryptocurrencies. Despite these offerings, both platforms receive a modest rating of 3.5 out of 5 stars for their range of investments. According to ForexBrokers.com, FXPrimus is ranked 59th and TopFX is slightly better positioned at 46th out of 62 brokers in the Range of Investments category.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 140 | 655 |
| Forex Pairs (Total) | 42 | 60 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FXPrimus and TopFX both provide a comprehensive range of online trading platforms and tools that cater to traders of different experience levels. Both brokers offer the widely-used MetaTrader 4 platform and allow access through web-based and Windows desktop applications, complemented by their support for copy trading. While FXPrimus stands out with its proprietary platform, TopFX does not offer one. Additionally, only FXPrimus supports the newer MetaTrader 5, offering more options for traders who prefer advanced trading tools. Notably, both FXPrimus and TopFX grant traders the ability to practice through free virtual demo accounts, making it easier for beginners to get started without financial risk.
When it comes to charting, both FXPrimus and TopFX are similar, offering 15 drawing tools and the functionality to trade directly from stock charts. Their watch lists include up to seven columns, allowing traders to efficiently organize their preferred stocks. Rated at four stars for their trading platforms and tools, both brokers provide much of what is necessary for effective online trading. However, TopFX edges slightly ahead, ranked #44 compared to FXPrimus at #49 out of 62 brokers, according to ForexBrokers.com. This minor difference might reflect TopFX's more refined tool offerings or services, even though the core platform features remain closely matched.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FXPrimus and TopFX both provide versatile mobile trading apps for iPhone and Android users. They feature stock and forex price alerts to keep you updated on market movements, and with 30 technical studies, their charting capabilities are well-suited for analyzing trades. Users can draw trendlines and view multiple time frames, making both apps valuable tools for traders on the move. Both brokers allow the creation of watchlists with real-time quotes and have automatic saving for drawings, ensuring continuity and precision in your trading activities.
However, neither FXPrimus nor TopFX offers watchlist symbol syncing, which means changes made in the mobile app won’t reflect on the online account and vice versa. Despite this limitation, both brokers receive commendable ratings of 4 out of 5 stars for their mobile trading apps. In terms of industry ranking, FXPrimus is positioned slightly better at #47, compared to TopFX at #51 out of 62 brokers reviewed by ForexBrokers.com. This suggests a closely matched experience for users looking to trade conveniently on their mobile devices.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing FXPrimus to TopFX for market research tools and services, it's clear each broker has its own strengths. FXPrimus provides daily market commentary and an economic calendar to keep traders updated on global news events, but it lacks premium forex news sources and advanced analysis tools. On the other hand, TopFX does not offer daily market commentary but compensates with forex news from top-tier sources like Bloomberg and Reuters. Additionally, TopFX provides clients with powerful analytical tools from Autochartist and Trading Central, alongside a sentiment-based trading tool, offering traders more comprehensive insights into the market.
In terms of research ratings, both FXPrimus and TopFX receive three out of five stars and are closely ranked in ForexBrokers.com's research category, with FXPrimus at #58 and TopFX at #59 out of 62 brokers. Despite the similarities in their overall research ratings, the choice between these brokers may depend on the specific market insights and tools that individual traders seek. While FXPrimus excels in providing regular market commentaries, TopFX shines with its access to high-quality news and advanced technical analysis tools, catering to traders looking for deeper data insights.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When exploring educational resources for beginners between FXPrimus and TopFX, FXPrimus stands out by offering a variety of learning materials. They provide more than ten educational pieces focusing on forex and CFDs, and they host at least one online educational client webinar each month. These webinars are also stored in a searchable archive, making it easy for users to find and learn at their convenience. While they don't offer specific video content tailored to beginners or an expansive glossary of investing terms, FXPrimus offers a decent educational experience for those starting their trading journey.
Conversely, TopFX lags in educational resources for beginners. They lack the minimum quantity of forex and CFD educational content, as well as the monthly client webinars and an archive of previous sessions, which diminishes opportunities for users to build their knowledge. Neither broker provides specialized video content aimed at beginners or experienced traders, nor do they offer an investor dictionary. Both brokers received a three-star rating for their educational offerings, but FXPrimus ranks higher, positioned at #51 compared to TopFX's #60 among 62 brokers, reflecting their slightly better educational provision.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FXPrimus is better than TopFX. FXPrimus finished with an overall rank of #53, while TopFX finished with an overall rank of #61.
FXPRIMUS is primarily regulated in Cyprus, offering the MetaTrader and cTrader platforms, and also has an off-shore entity in Vanuatu for clients outside of the EU. The main downside, besides its lack of additional top-tier licenses, is that FXPRIMUS only offers 140 symbols, putting it at a disadvantage compared to the best forex brokers.
| Feature |
FXPrimus
|
TopFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 67 |
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FXPrimus and TopFX both provide the option to trade cryptocurrency derivatives but do not offer the ability to purchase actual cryptocurrencies.
When comparing online brokers FXPrimus and TopFX, both do not support ACH or SEPA transfers for deposits or withdrawals, while TopFX allows PayPal transactions unlike FXPrimus, both brokers accept Skrill and major card payments such as Visa and Mastercard, as well as bank wire transfers for managing account funds.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FXPrimus | TopFX | |
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| Trust Score | 71 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
| Broker Screenshots | FXPrimus | TopFX | |
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| Regulation | FXPrimus | TopFX | |
|---|---|---|---|
| Trust Score | 71 | 67 | |
| Year Founded | 2009 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXPrimus | TopFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FXPrimus | TopFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FXPrimus | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 140 | 655 | |
| Forex Pairs (Total) | 42 | 60 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FXPrimus | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.03 | |
| All-in Cost EUR/USD - Active | N/A | 0.88 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXPrimus | TopFX | |
|---|---|---|---|
| Minimum Deposit | $100 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | FXPrimus | TopFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FXPrimus | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXPrimus | TopFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FXPrimus | TopFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FXPrimus | TopFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | FXPrimus | TopFX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | TopFX Review |
| Overall | FXPrimus | TopFX | |
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| Trust Score | 71 | 67 | |
| Winner | check_circle | ||
| Review | TopFX Review |
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